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Adani Enterprises has received an approval to divest its holding of 70.75 crore Equity shares in Maharashtra Eastern Grid Power Transmission Company (MEGPTCL) to Adani Transmission, a wholly owned subsidiary (WOS) of the Company at a price to be determined on the basis of independent valuation report and deemed appropriate in the best interest of the Company subject to requisite approvals, if any. The board at its meeting held on November 12, 2014 has approved the same.
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